ADI · Analog Devices Inc · Financials

$403.36 +7.92 (+2.00%)

S&P 500 member Nasdaq-100 member Russell 1000 member Rebalance outlook locked

Market Cap

$191.62B

484.57M

Volume · Oct 16 4.77M Avg daily vol (3M) 3.55M

Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.

Pull these statements through the financial statements API or MCP →

Revenue

$11.02B +16.9%

FY2025

Net Income

$2.27B +38.7%

FY2025

Gross Margin

61.47% +4.4pp

FY2025

Operating Margin

26.61% +5pp

FY2025

Diluted EPS

$4.56 +39%

FY2025

Operating Cash Flow

$4.81B +24.9%

FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Income Statement Balance Sheet Cash Flow Adjusted All Metrics

Annual Quarterly

Line Item	3Y	5Y	10Y	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008	FY2007	FY2006	FY2005
Revenue	-2.8%	+14.5%	+12.4%	$13.88B	$11.02B	$9.43B	$12.31B	$12.01B	$7.32B	$5.6B	$5.99B	$6.2B	$5.11B	$3.42B	$3.44B	$2.86B	$2.63B	$2.7B	$2.99B	$2.76B	$2.01B	$2.58B	$2.46B	—	—
Cost of Revenue	-1.8%	+17.3%	+13.7%	$4.75B	$4.25B	$4.05B	$4.43B	$4.48B	$2.79B	$1.91B	$1.98B	$1.97B	$2.08B	$1.19B	$1.18B	$1.03B	$941.28M	$960.14M	$1.01B	$962.08M	$896.27M	$1.01B	$956.45M	—	—
Gross Profit	-3.5%	+12.9%	+11.6%	$9.13B	$6.77B	$5.38B	$7.88B	$7.53B	$4.53B	$3.69B	$4.01B	$4.25B	$3.17B	$2.23B	$2.26B	$1.83B	$1.69B	$1.74B	$1.99B	$1.8B	$1.12B	$1.58B	$1.51B	—	—
Gross Margin	—	—	—	—	61.47%	57.08%	64.01%	62.7%	61.83%	65.87%	67%	68.54%	62.03%	65.1%	65.77%	63.89%	64.26%	64.45%	66.37%	65.16%	55.52%	61.07%	61.19%	—	—
Research & Development	+1.3%	+10.9%	+10.7%	$1.98B	$1.77B	$1.49B	$1.66B	$1.7B	$1.3B	$1.05B	$1.13B	$1.17B	$968.13M	$653.82M	$637.46M	$559.69M	$513.04M	$511.84M	$505.57M	$492.31M	$446.98M	$533.48M	$509.55M	—	—
Selling, General & Administrative	-0.3%	+13.7%	+10.1%	$1.45B	$1.26B	$1.07B	$1.27B	$1.27B	$915.42M	$659.92M	$648.09M	$695.54M	$690.53M	$461.44M	$478.97M	$454.68M	$396.23M	$396.52M	$406.71M	$390.56M	$333.18M	$415.68M	$389.51M	—	—
Amortization of Intangibles	-7.5%	+22.5%	+33.0%	$1.55B	$1.59B	$1.74B	$1.96B	$2.01B	$843.36M	$577.15M	$570.57M	$570.54M	$389.39M	$75.25M	$92.09M	$27.91M	$220K	$128K	$1.35M	$4.83M	$7.38M	$9.25M	$12.61M	—	—
Restructuring Charges	+1.9%	—	+12.2%	$40.63M	—	—	—	—	—	$52.34M	$95.66M	$61.32M	$49.46M	$13.68M	$0	$37.32M	$29.85M	$8.43M	$2.24M	$16.48M	$52.47M	$1.63M	$24.04M	-$2.03M	$20.32M
Total Operating Expenses	-3.3%	+11.9%	+10.4%	$4.2B	$3.84B	$3.35B	$4.05B	$4.25B	$2.83B	$2.19B	$2.3B	$2.35B	$2.01B	$1.2B	$1.43B	$1.08B	$939.34M	$916.95M	$914.52M	$899.35M	$833.82M	$952.25M	$939.55M	—	—
Operating Income	-3.7%	+14.4%	+13.4%	$4.93B	$2.93B	$2.03B	$3.82B	$3.28B	$1.69B	$1.5B	$1.71B	$1.9B	$1.16B	$1.03B	$830.84M	$752.48M	$753.08M	$824.05M	$1.07B	$900.07M	$284.82M	$625.03M	$568.72M	—	—
Operating Margin	—	—	—	—	26.61%	21.56%	31.07%	27.29%	23.12%	26.74%	28.55%	30.63%	22.77%	30.05%	24.19%	26.27%	28.59%	30.51%	35.81%	32.59%	14.14%	24.2%	23.07%	—	—
Interest Expense	+16.6%	+10.4%	+27.9%	$350.85M	$317.72M	$322.23M	$264.64M	$200.41M	$184.83M	$193.31M	$229.08M	$253.59M	$250.84M	$88.76M	$27.03M	$34.78M	$27.1M	$26.42M	$19.15M	$10.43M	$4.09M	$0	$0	—	—
Interest Income	+147.9%	+89.5%	+28.4%	$119.17M	$105.27M	$78.82M	$41.29M	$6.91M	$1.22M	$4.31M	$10.23M	$9.38M	$30.33M	$21.22M	$8.63M	$12.17M	$12.75M	$14.45M	$9.06M	$9.84M	$15.62M	$41.04M	$77.01M	—	—
Other Non-Operating Income	—	—	—	-$231.12M	-$220.38M	-$255.46M	-$215.11M	-$179.95M	-$363.49M	-$186.63M	-$224.88M	-$244.28M	-$228.01M	-$71.19M	-$20.73M	-$23.14M	$62.25M	-$10.52M	-$10.58M	$1.59M	$12.63M	$41.08M	$92.73M	—	—
Pretax Income	-4.3%	+15.6%	+12.8%	$4.7B	$2.71B	$1.78B	$3.61B	$3.1B	$1.33B	$1.31B	$1.49B	$1.66B	$934.75M	$956.92M	$810.11M	$729.35M	$815.32M	$813.53M	$1.06B	$901.67M	$297.44M	$666.1M	$661.46M	—	—
Income Tax	+8.3%	+37.4%	+14.7%	$568.76M	$444.77M	$142.07M	$293.42M	$350.19M	-$61.71M	$90.86M	$122.72M	$148.33M	$129.37M	$95.26M	$113.24M	$100.03M	$141.84M	$162.3M	$200.55M	$190.44M	$50.04M	$140.93M	$159.55M	—	—
Net Income	-6.2%	+13.2%	+12.5%	$4.14B	$2.27B	$1.64B	$3.31B	$2.75B	$1.39B	$1.22B	$1.36B	$1.51B	$805.38M	$861.66M	$696.88M	$629.32M	$673.49M	$651.24M	$867.39M	$712.08M	$247.77M	$786.28M	$496.91M	—	—
Net Margin	—	—	—	—	20.58%	17.35%	26.94%	22.88%	19%	21.79%	22.75%	24.3%	15.77%	25.18%	20.29%	21.97%	25.57%	24.11%	28.98%	25.79%	12.3%	30.44%	20.16%	—	—
Net Income Attributable to Noncontrolling Interests	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	$0	$0	-$219K	—	—
Net Income Available to Common Stockholders	-2.5%	+10.0%	—	—	—	—	—	—	$1.39B	$1.22B	$1.36B	$1.5B	$803.14M	$861.66M	$696.88M	—	—	—	—	—	—	—	—	—	—
Comprehensive Income	-5.7%	+14.6%	+10.9%	$4.16B	$2.3B	$1.64B	$3.32B	$2.74B	$1.45B	$1.16B	$1.23B	$1.51B	$817.83M	$838.7M	$814.55M	—	—	—	—	—	—	—	—	—	—
EPS (Basic) USD/shares	-4.6%	+6.8%	—	$8.47	$4.59	$3.30	$6.60	$5.29	$3.50	$3.31	—	—	—	—	—	—	$2.19	$2.18	$2.90	$2.39	$0.85	$2.69	$1.54	—	—
EPS (Diluted) USD/shares	-4.6%	+6.8%	—	$8.43	$4.56	$3.28	$6.55	$5.25	$3.46	$3.28	—	—	—	—	—	—	$2.14	$2.13	$2.81	$2.33	$0.85	$2.65	$1.50	—	—
Shares Outstanding (Basic Avg) shares	-1.6%	+6.0%	+4.7%	—	494.38M	496.17M	502.23M	519.23M	397.46M	368.63M	369.13M	370.43M	346.37M	308.74M	312.66M	313.2M	307.76M	298.76M	299.42M	297.39M	291.39M	292.69M	323.26M	—	—
Shares Outstanding (Diluted Avg) shares	-1.7%	+6.0%	+4.6%	—	496.71M	498.7M	505.96M	523.18M	401.29M	371.97M	372.87M	374.94M	350.48M	312.31M	316.87M	318.03M	314.04M	306.19M	308.24M	305.86M	292.7M	297.11M	332.3M	—	—

Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2007–FY2025: $15.82B in buybacks, $14.45B in dividends.

Debt Profile

Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.

Latest reported total

USD 8,600,000,000

As of Nov 1, 2025

Tracked instruments

Loans, facilities and note series

Annual baseline

Nov 1, 2025

Latest approved annual total

Reported total debt history

As of	Reported label	Amount	Source
2025-11-01	outstanding indebtedness	USD 8,600,000,000	10-K filed 2025-11-25 As of November 1, 2025, we had approximately $8.6 billion in outstanding indebtedness, including $446.6 million of short-term commercial paper.

Reported debt balances

Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.

Reported balance	As of	Amount	Source
Current portion of long-term debt	2026-08-01	USD 1,344,855,000	10-Q filed 2026-08-19
Noncurrent debt carrying amount	2026-08-01	USD 6,771,624,000	10-Q filed 2026-08-19

Instrument and agreement coverage is incomplete. Additional filings are awaiting review.

2 filings have incomplete source or extraction coverage. Verified observations are shown; missing observations do not establish that debt was unchanged.

Covenants

Some sections could not be verified in 1 agreement document. Other restrictions or tests may apply.

Covenant terms have not yet been verified for this profile.

The balance figures do not establish whether covenants apply or whether the company complies with them.

Loans, facilities and notes

5.100% Senior Notes due September 15, 2029

Note · Analog Devices, Inc.

Reference: 5.100% Senior Notes due September 15, 2029

Active

Original principal: USD 500,000,000
Outstanding: —
Commitment: —
Availability: —
Maturity: Sep 15, 2029

Last reported interest terms: 5.1% Reported 2026-09-17 Later filings may not restate these terms; this does not confirm they still apply.

Covenant terms for this agreement are not yet verified.

Documents and filing history

SeriesInstrument · EX-4.2 · 2026-09-17 — EX-4.2

Issuance · 2026-09-17 Original principal USD 500,000,000 Exact source document Parent 8-K filing · 2026-09-17
“***Initial 2029 Notes***” means the first $500,000,000 aggregate principal amount of 2029 Notes issued under this Supplemental Indenture on the date hereof.

Issuer evidence: SUPPLEMENTAL INDENTURE dated as of September 17, 2026, by and between Analog Devices, Inc., a Massachusetts corporation (the “***Company***”), and The Bank of New York Mellon Trust Company, N.A., a national banking association, as trustee (the “***Trustee***”).

Supporting evidence: “***2029 Notes***” means the 5.100% Senior Notes due September 15, 2029; *provided* that the Initial 2029 Notes and the Additional 2029 Notes, if any, will be treated as a single Series for all purposes under this Supplemental Indenture, and unless the context otherwise requires, all references to the 2029 Notes will include the Initial 2029 Notes and any Additional 2029 Notes.

Supporting evidence: The Company and the Trustee agree as follows for the benefit of each other and for the equal and ratable benefit of the Holders (as defined herein) of the 5.100% Senior Notes due September 15, 2029, the 5.350% Senior Notes due October 1, 2031, the 5.600% Senior Notes due October 1, 2033 and the 5.750% Senior Notes due October 1, 2036:

Supporting evidence: “***2029 Notes***” means the 5.100% Senior Notes due September 15, 2029; *provided* that the Initial 2029 Notes and the Additional 2029 Notes, if any, will be treated as a single Series for all purposes under this Supplemental Indenture, and unless the context otherwise requires, all references to the 2029 Notes will include the Initial 2029 Notes and any Additional 2029 Notes.

5.350% Senior Notes due October 1, 2031

Note · Analog Devices, Inc.

Reference: 5.350% Senior Notes due October 1, 2031

Active

Original principal: USD 500,000,000
Outstanding: —
Commitment: —
Availability: —
Maturity: Oct 1, 2031

Last reported interest terms: 5.35% Reported 2026-09-17 Later filings may not restate these terms; this does not confirm they still apply.

Covenant terms for this agreement are not yet verified.

Documents and filing history

SeriesInstrument · EX-4.2 · 2026-09-17 — EX-4.2

Issuance · 2026-09-17 Original principal USD 500,000,000 Exact source document Parent 8-K filing · 2026-09-17
“***Initial 2031 Notes***” means the first $500,000,000 aggregate principal amount of 2031 Notes issued under this Supplemental Indenture on the date hereof.

Issuer evidence: SUPPLEMENTAL INDENTURE dated as of September 17, 2026, by and between Analog Devices, Inc., a Massachusetts corporation (the “***Company***”), and The Bank of New York Mellon Trust Company, N.A., a national banking association, as trustee (the “***Trustee***”).

Supporting evidence: “***2031 Notes***” means the 5.350% Senior Notes due October 1, 2031; *provided* that the Initial 2031 Notes and the Additional 2031 Notes, if any, will be treated as a single Series for all purposes under this Supplemental Indenture, and unless the context otherwise requires, all references to the 2031 Notes will include the Initial 2031 Notes and any Additional 2031 Notes.

Supporting evidence: The Company and the Trustee agree as follows for the benefit of each other and for the equal and ratable benefit of the Holders (as defined herein) of the 5.100% Senior Notes due September 15, 2029, the 5.350% Senior Notes due October 1, 2031, the 5.600% Senior Notes due October 1, 2033 and the 5.750% Senior Notes due October 1, 2036:

Supporting evidence: “***2031 Notes***” means the 5.350% Senior Notes due October 1, 2031; *provided* that the Initial 2031 Notes and the Additional 2031 Notes, if any, will be treated as a single Series for all purposes under this Supplemental Indenture, and unless the context otherwise requires, all references to the 2031 Notes will include the Initial 2031 Notes and any Additional 2031 Notes.

5.600% Senior Notes due October 1, 2033

Note · Analog Devices, Inc.

Reference: 5.600% Senior Notes due October 1, 2033

Active

Original principal: USD 1,000,000,000
Outstanding: —
Commitment: —
Availability: —
Maturity: Oct 1, 2033

Last reported interest terms: 5.6% Reported 2026-09-17 Later filings may not restate these terms; this does not confirm they still apply.

Covenant terms for this agreement are not yet verified.

Documents and filing history

SeriesInstrument · EX-4.2 · 2026-09-17 — EX-4.2

Issuance · 2026-09-17 Original principal USD 1,000,000,000 Exact source document Parent 8-K filing · 2026-09-17
“***Initial 2033 Notes***” means the first $1,000,000,000 aggregate principal amount of 2033 Notes issued under this Supplemental Indenture on the date hereof.

Issuer evidence: SUPPLEMENTAL INDENTURE dated as of September 17, 2026, by and between Analog Devices, Inc., a Massachusetts corporation (the “***Company***”), and The Bank of New York Mellon Trust Company, N.A., a national banking association, as trustee (the “***Trustee***”).

Supporting evidence: “***2033 Notes***” means the 5.600% Senior Notes due October 1, 2033; *provided* that the Initial 2033 Notes and the Additional 2033 Notes, if any, will be treated as a single Series for all purposes under this Supplemental Indenture, and unless the context otherwise requires, all references to the 2033 Notes will include the Initial 2033 Notes and any Additional 2033 Notes.

Supporting evidence: The Company and the Trustee agree as follows for the benefit of each other and for the equal and ratable benefit of the Holders (as defined herein) of the 5.100% Senior Notes due September 15, 2029, the 5.350% Senior Notes due October 1, 2031, the 5.600% Senior Notes due October 1, 2033 and the 5.750% Senior Notes due October 1, 2036:

Supporting evidence: “***2033 Notes***” means the 5.600% Senior Notes due October 1, 2033; *provided* that the Initial 2033 Notes and the Additional 2033 Notes, if any, will be treated as a single Series for all purposes under this Supplemental Indenture, and unless the context otherwise requires, all references to the 2033 Notes will include the Initial 2033 Notes and any Additional 2033 Notes.

5.750% Senior Notes due October 1, 2036

Note · Analog Devices, Inc.

Reference: 5.750% Senior Notes due October 1, 2036

Active

Original principal: USD 1,000,000,000
Outstanding: —
Commitment: —
Availability: —
Maturity: Oct 1, 2036

Last reported interest terms: 5.75% Reported 2026-09-17 Later filings may not restate these terms; this does not confirm they still apply.

Covenant terms for this agreement are not yet verified.

Documents and filing history

SeriesInstrument · EX-4.2 · 2026-09-17 — EX-4.2

Issuance · 2026-09-17 Original principal USD 1,000,000,000 Exact source document Parent 8-K filing · 2026-09-17
“***Initial 2036 Notes***” means the first $1,000,000,000 aggregate principal amount of 2036 Notes issued under this Supplemental Indenture on the date hereof.

Issuer evidence: SUPPLEMENTAL INDENTURE dated as of September 17, 2026, by and between Analog Devices, Inc., a Massachusetts corporation (the “***Company***”), and The Bank of New York Mellon Trust Company, N.A., a national banking association, as trustee (the “***Trustee***”).

Supporting evidence: “***2036 Notes***” means the 5.750% Senior Notes due October 1, 2036; *provided* that the Initial 2036 Notes and the Additional 2036 Notes, if any, will be treated as a single Series for all purposes under this Supplemental Indenture, and unless the context otherwise requires, all references to the 2036 Notes will include the Initial 2036 Notes and any Additional 2036 Notes.

Supporting evidence: The Company and the Trustee agree as follows for the benefit of each other and for the equal and ratable benefit of the Holders (as defined herein) of the 5.100% Senior Notes due September 15, 2029, the 5.350% Senior Notes due October 1, 2031, the 5.600% Senior Notes due October 1, 2033 and the 5.750% Senior Notes due October 1, 2036:

Supporting evidence: “***2036 Notes***” means the 5.750% Senior Notes due October 1, 2036; *provided* that the Initial 2036 Notes and the Additional 2036 Notes, if any, will be treated as a single Series for all purposes under this Supplemental Indenture, and unless the context otherwise requires, all references to the 2036 Notes will include the Initial 2036 Notes and any Additional 2036 Notes.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue

14.23×

Peer median 13.34×

EV/EBIT

40.03×

Peer median 59.26×

P/E (TTM)

46.91×

Peer median 73.92×

Peer medians compare against the 18 similar-size Semiconductors companies (of 62 listed).

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Industrial	$4,929,409,000	$4,290,324,000	$6,565,376,000	$6,230,874,000	$4,021,105,000	$3,005,585,000	$3,014,890,000	$3,143,566,000
Automotive	$3,277,865,000	$2,837,522,000	$2,903,979,000	$2,407,822,000	$1,245,605,000	$778,714,000	$929,671,000	$1,006,886,000
Consumer	$1,434,568,000	$1,207,880,000	$1,244,598,000	$1,519,946,000	$836,060,000	$624,948,000	$752,271,000	$918,411,000
Communications	$1,377,865,000	$1,091,431,000	$1,591,586,000	$1,855,311,000	$1,215,516,000	$1,193,809,000	$1,294,233,000	$1,155,826,000

By Geography (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
United States	$3,238,145,000	$2,840,426,000	$4,165,296,000	$4,025,398,000	$2,389,439,000	$1,887,443,000	$2,020,886,000	$2,277,084,000
China	$2,858,286,000	$2,128,840,000	$2,229,631,000	$2,563,536,000	$1,614,396,000	$1,348,011,000	$1,316,275,000	$1,215,949,000
Europe	$2,285,598,000	$2,109,529,000	$3,001,871,000	$2,534,423,000	$1,592,989,000	$1,245,695,000	$1,374,673,000	$1,405,686,000
Rest of Asia	$1,485,292,000	$1,200,413,000	$1,423,043,000	$1,596,550,000	$890,666,000	$558,937,000	$566,540,000	$564,848,000
Japan	$989,916,000	$1,085,631,000	$1,397,119,000	$1,221,549,000	$787,966,000	$521,720,000	$657,632,000	$714,846,000
Rest of North and South America	$162,470,000	$62,318,000	$88,579,000	$72,497,000	$42,830,000	$41,250,000	$55,059,000	$46,276,000

Key facts CIK 6281 CUSIP 032654105 13F (30d) 382 filings 349 filers Visit website Investor relations